4//SEC Filing
HARLESS KATHERINE J 4
Accession 0001127602-23-001595
CIK 0000737758other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 1:48 PM ET
Size
6.9 KB
Accession
0001127602-23-001595
Insider Transaction Report
Form 4
TORO COTTC
HARLESS KATHERINE J
Director
Transactions
- Disposition to Issuer
Common Stock Units
2023-01-13−1,064.311→ 3,427.545 total - Award
Common Stock
2023-01-13+1,064→ 54,428.042 total
Footnotes (2)
- [F1]Represents the payout of 1,009 shares of common stock and 55.311 related dividend reinvestment shares in connection with an annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated. The reporting person previously deferred the payout of her common stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's annual common stock award was initially paid in common stock units under the Deferred Plan. A common stock unit under the Deferred Plan is the economic equivalent of one share of Toro common stock. The reporting person previously elected to receive a single lump sum distribution, payable in January 2023 under the terms of the Deferred Plan, and, therefore, the common stock units were settled for shares of Toro common stock.
- [F2]Includes 9.969 common stock units acquired by the reporting person under the dividend reinvestment feature of the Deferred Plan since the date of her last report.
Documents
Issuer
TORO CO
CIK 0000737758
Entity typeother
Related Parties
1- filerCIK 0001167151
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 1:48 PM ET
- Size
- 6.9 KB